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JSE declines across the board

Xinhua,February 02, 2018 Adjust font size:

JOHANNESBURG, Feb. 1 (Xinhua) -- The Johannesburg Stock Exchange (JSE) declined across the board on Thursday as sell-off continued amid investor caution and profit taking.

The all share index closed down by 0.42 percent to 59,258.37, the blue-chip Top 40 down 0.3 and industrials down by 0.84 percent while resource added 0.16 percent.

The South Africa's rand rallied against major currencies, after consumer confidence improved slightly in the fourth quarter buoyed by the recent stronger-than-expected rebound in real growth domestic product.

The local unit traded at R11.84 to the U.S. dollar, R16.80 to the pound and R14.77 to the euro. Enditem